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Obscure Indian Cyber-Firm Said to Have Spied on Politicians, Investors Worldwide
BellTroX InfoTech Services targeted government officials in Europe, gambling tycoons in the Bahamas, and well-known investors in the United States including private equity giant KKR and short seller Muddy Waters, according to three former employees, outside researchers, and a trail of online evidence.
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Snapdeal Calls Off Merger Talks With Flipkart, To Pursue Independent Path
The failure to forge a merger would be a setback to Softbank Group, the largest investor in Snapdeal, as it has been attempting to engineer an all-stock deal for months, as a tie-up would help it secure a sizable stake in Flipkart.
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ICICI Bank To Discontinue Some Service Pacts: 3i Infotech
IT services provider 3i Infotech on Tuesday said that ICICI Bank intends to discontinue some of the service contracts with the company and its group firms effective July 31, 2016.
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L&T Infotech Shares Turn Flat After Disappointing Debut
L&T Infotech shares made a weak debut in stock markets on Thursday, falling as much as 6.2 per cent to Rs 666 against their issue price of Rs 710. L&T Infotech, part of the diversified Larsen & Toubro group, joined the list of about a dozen other companies that have come out with their IPOs so far this year.
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L&T Technology Services IPO On The Anvil: Report
After the successful Rs 1,243-crore IPO of L&T Infotech, the diversified Larsen & Toubro group is lining up the initial share sale of another group entity L&T Technology Services.
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Sheer 'Bad Luck' Could Not Get Satyam: L&T Chief
Ready to list L&T's "second baby" in the stock market with an IPO of its Infotech division, the group's executive chairman, A M Naik, has said it was nothing but "bad luck" that it could not acquire the erstwhile Satyam Computer despite being early to accumulate the shares.
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Rs 1,200 Crore IPO Of India's Sixth Biggest IT Firm Opens Today
L&T Infotech will hit the capital markets on July 11 to raise up to Rs 1,243 crore through an initial share sale offer.
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L&T Chief Says Company Wants To Be 'Number One' In IT Business
Ready to list Larsen & Toubro's "second baby" in the stock market with over Rs 1,200 crore IPO of L&T Infotech, the conglomerate's group executive chairman A M Naik on Thursday said his aim is to make this company "number one" as he has ensured in all other businesses of the group.
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L&T To Launch 5-Year Plan, Likely To Focus On Services Business
Larsen & Toubro will come out with a five-year strategic plan next week and also give a greater thrust on services businesses in finance, infotech and realty, as part of a de-risking move.
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Competition Watchdog Approves Merger of 2 Group Companies with Blue Star
Air-conditioner maker Blue Star on Wednesday said the company has received approval from fair trade regulator CCI for merger of Blue Star Infotech and Blue Star Infotech Business Intelligence & Analytics with the company itself.
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BSE to Shift 3i Infotech, 28 Others to Restricted Trade Segment
The BSE or Bombay Stock Exchange has decided to shift 29 firms including 3i Infotech and CIL Nova Petrochemicals to the restricted trading segment from next week to ensure safety in capital markets and safeguard the interest of investors.
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3i Infotech Sells European Unit to Italy-Based Objectway
Software solutions provider 3i Infotech on Wednesday said it has sold its Western European subsidiary to Italy-based Objectway Financial Software for an undisclosed amount.
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Court Quashes Money Laundering Cases Against Tech Mahindra
In a major relief to Tech Mahindra, the High Court at Hyderabad on Monday quashed all money laundering cases filed by Enforcement Directorate (ED) against the infotech major.
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Carlyle, others eyeing HP's MphasiS stake: Report
MphasiS generates roughly half its revenue by providing services to HP's clients and has a market value of $1.8 billion.
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Tata Sons, its IT firm win legal battle over domain name
Tata Sons Ltd and its subsidiary Tata Infotech Ltd have won a legal battle over domain name www.tatainfotech.in in the Delhi High Court which restrained Arno Palmen from using it in any of its activities.
-
Obscure Indian Cyber-Firm Said to Have Spied on Politicians, Investors Worldwide
BellTroX InfoTech Services targeted government officials in Europe, gambling tycoons in the Bahamas, and well-known investors in the United States including private equity giant KKR and short seller Muddy Waters, according to three former employees, outside researchers, and a trail of online evidence.
-
Snapdeal Calls Off Merger Talks With Flipkart, To Pursue Independent Path
The failure to forge a merger would be a setback to Softbank Group, the largest investor in Snapdeal, as it has been attempting to engineer an all-stock deal for months, as a tie-up would help it secure a sizable stake in Flipkart.
-
ICICI Bank To Discontinue Some Service Pacts: 3i Infotech
IT services provider 3i Infotech on Tuesday said that ICICI Bank intends to discontinue some of the service contracts with the company and its group firms effective July 31, 2016.
-
L&T Infotech Shares Turn Flat After Disappointing Debut
L&T Infotech shares made a weak debut in stock markets on Thursday, falling as much as 6.2 per cent to Rs 666 against their issue price of Rs 710. L&T Infotech, part of the diversified Larsen & Toubro group, joined the list of about a dozen other companies that have come out with their IPOs so far this year.
-
L&T Technology Services IPO On The Anvil: Report
After the successful Rs 1,243-crore IPO of L&T Infotech, the diversified Larsen & Toubro group is lining up the initial share sale of another group entity L&T Technology Services.
-
Sheer 'Bad Luck' Could Not Get Satyam: L&T Chief
Ready to list L&T's "second baby" in the stock market with an IPO of its Infotech division, the group's executive chairman, A M Naik, has said it was nothing but "bad luck" that it could not acquire the erstwhile Satyam Computer despite being early to accumulate the shares.
-
Rs 1,200 Crore IPO Of India's Sixth Biggest IT Firm Opens Today
L&T Infotech will hit the capital markets on July 11 to raise up to Rs 1,243 crore through an initial share sale offer.
-
L&T Chief Says Company Wants To Be 'Number One' In IT Business
Ready to list Larsen & Toubro's "second baby" in the stock market with over Rs 1,200 crore IPO of L&T Infotech, the conglomerate's group executive chairman A M Naik on Thursday said his aim is to make this company "number one" as he has ensured in all other businesses of the group.
-
L&T To Launch 5-Year Plan, Likely To Focus On Services Business
Larsen & Toubro will come out with a five-year strategic plan next week and also give a greater thrust on services businesses in finance, infotech and realty, as part of a de-risking move.
-
Competition Watchdog Approves Merger of 2 Group Companies with Blue Star
Air-conditioner maker Blue Star on Wednesday said the company has received approval from fair trade regulator CCI for merger of Blue Star Infotech and Blue Star Infotech Business Intelligence & Analytics with the company itself.
-
BSE to Shift 3i Infotech, 28 Others to Restricted Trade Segment
The BSE or Bombay Stock Exchange has decided to shift 29 firms including 3i Infotech and CIL Nova Petrochemicals to the restricted trading segment from next week to ensure safety in capital markets and safeguard the interest of investors.
-
3i Infotech Sells European Unit to Italy-Based Objectway
Software solutions provider 3i Infotech on Wednesday said it has sold its Western European subsidiary to Italy-based Objectway Financial Software for an undisclosed amount.
-
Court Quashes Money Laundering Cases Against Tech Mahindra
In a major relief to Tech Mahindra, the High Court at Hyderabad on Monday quashed all money laundering cases filed by Enforcement Directorate (ED) against the infotech major.
-
Carlyle, others eyeing HP's MphasiS stake: Report
MphasiS generates roughly half its revenue by providing services to HP's clients and has a market value of $1.8 billion.
-
Tata Sons, its IT firm win legal battle over domain name
Tata Sons Ltd and its subsidiary Tata Infotech Ltd have won a legal battle over domain name www.tatainfotech.in in the Delhi High Court which restrained Arno Palmen from using it in any of its activities.
